International Economics - EC803

Location Term Level Credits (ECTS) Current Convenor 2019-20
(version 3)
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7 15 (7.5)







This module is designed for students with interests in both international economics and development economics. It aims to discuss some of the fundamental models (and their extensions) in international economics and link them to the growth and development process of regions and countries. Throughout this module we provide you with the analytical tools and theoretical knowledge necessary to understand these links. We also focus on both the theoretical foundations and extensions of trade theory and the empirical evidence available to the current theoretical debates. The first part of the module is devoted to the foundations of trade theory and it is the basic building block of the module. The rest of the module deals with trade policy, trade liberalisation and long run growth, factor movements as well as economic geography and regional trade agreements and their implication for global free trade.


This module appears in:

Contact hours

30 hours of academic teaching in the form of lectures and seminars

Method of assessment

20% Essay (2,000 words)
80% Examination (2 hours)

Indicative reading

• Feenstra, Robert., Advanced International Trade. 2nd Edition. Princeton University Press, 2015
• Rivera-Batiz, Louis and Maria-Angels Oliva. International Trade: Theories, Strategies and Evidence. Oxford University Press, 2004
• Södersten, Bo and Geoffrey Reed. International Economics, 3rd Edition. Palgrave, 1999
• Markusen, James, Melvin, James, Kaempfer, William and Keith Maskus. International Trade: Theory and Evidence, McGraw Hill, 1995
• Krugman, Paul, Obstfeld, Maurice and Marc Melitz. International Economics: Theory and Policy. 10th Edition. Pearson, 2014

See the library reading list for this module (Canterbury)

Learning outcomes

On successfully completing the module students will be able to:

• construct logical economic arguments related to international economics
• demonstrate comprehensive skills to relate empirical evidence to the relevant theory
• demonstrate familiarity with rigorous tools of theoretical analysis and empirical modelling used in international economics, present economic arguments verbally as well as in written form
• write profound and coherent essays and explain complex ideas in terms of intuitive arguments
• analyse complex ideas at high level of abstraction and apply them in the problem-solving through the use and application of the different models presented
• present, communicate and debate analytically challenging models to (with) critical and educated audience

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